1060 Park Ave APT 3DNew YorkNY10128
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in New York at 1060 Park Ave APT 3D, New York, NY, 10128 priced at $1,000,000 pairs $8,620/mo rent with after a $4,895/mo payment. Total monthly income equals $8,620/mo. Return on cash invested is 18.16% in year one, and rental yield stands at 10.34% on a $1,000,000 basis. Equity gained on principal adds $6,453/yr, and 5% annual appreciation accumulates to $276,282 by year five. Five-year ROI measures 97.34% and total cumulative return in cash reaches $320,260. For financing, Ziffy Mortgage’s DSCR program evaluates $8,620/mo property income against a $4,895/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1924
N/A lot
$N/A/sqft
$2,462 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10128, New York, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 34,000 (100%) |
| Owner Occupied HU | 10,217 (30.0%) |
| Renter Occupied HU | 20,689 (60.8%) |
| Vacant Housing Units | 3,094 ( 9.1%) |
| Median Home Value | $1,343,678 |
| Average Home Value | $1,415,704 |
Housing Distribution
Address Breakdown
Residential
32,173
Single Family
430
Multi-Family
31,743
Businesses
1,113
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices